UK tenants pay more rent than any country in Europe

UK tenants pay more in rent than any other Europeans. Private tenants in the UK are paying higher rents than those anywhere else in Europe and spending a greater chunk of the average pay packet, according to research by the National Housing Federation (NHF).

UK rents average €902 (£750) a month in comparison to the European average of €481 (£400), according to the NHF, which represents housing associations.

Private renters in the UK spend almost 40% of their income on rent in comparison to the European average of 28%.

What We Think…

With the housing situation in the UK seemingly becoming beyond an entire generations affordability the term Generation rent was forged. It describes how that generation has been priced out of the market for property and are locked into an unforgiving and inflexible rental market .
It’s shocking to see how many websites there are out there that use the term Generation Rent to inform landlords and homeowners how best to exploit them.
That’s why we chose to launch Generation-rent.com, to give those who are trapped in this demoralising position a voice and a place to gain further insight into why this has happened to them.